Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Shorted: Short Interest Up 71.5% in October

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 43,423 shares, an increase of 71.5% from the September 30th total of 25,313 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average trading volume of 35,761 shares, the days-to-cover ratio is currently 1.2 days.

Westwood Salient Enhanced Energy Income ETF Stock Down 1.9%

NASDAQ:WEEI opened at $25.64 on Tuesday. The firm has a market capitalization of $116.15 million, a PE ratio of 15.37 and a beta of 0.07. Westwood Salient Enhanced Energy Income ETF has a 12-month low of $20.56 and a 12-month high of $26.39. The firm has a 50-day moving average price of $25.25 and a 200 day moving average price of $24.00.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Thursday, October 29th will be paid a $0.2250 dividend. This represents a $2.70 annualized dividend and a dividend yield of 10.5%. The ex-dividend date is Thursday, October 29th.

About Westwood Salient Enhanced Energy Income ETF

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria. WEEI was launched on May 1, 2024 and is issued by Westwood.